2014-11-25T11:17:32-06:00 2014-06-30 264022510 HARRIS & CO PLLC 2289 S BONITO WAY STE 100 MERIDIAN ID 83642 990 2013-07-01 841373475 RIVERSTONE INTERNATIONAL SCHOOL INC RIVE 2084245000 5521 WARM SPRINGS AVE BOISE ID 83716 KURT LIEBICH PRESIDENT 2084245000 2014-11-14 1 JOSH TYREE P01431021 2083338965 2014-11-14 2013 2015-11-30 17:44:51Z KURT LIEBICH 5521 WARM SPRINGS AVE BOISE ID 83716 4893120 0 X WWW.RIVERSTONESCHOOL.ORG X 1996 ID THE SCHOOL IS A UNIQUE INDEPENDENT SCHOOL THAT OFFERS AN EDUCATION BASED ON THE WORLD-RENOWNED PROGRAMS AND THE PHILOSOPHY OF THE INTERNATIONAL BACCALAUREATE ORGANIZATION. THROUGH A STRONG FOUNDATION BUILT ON THE FIVE PILLARS OF ACADEMIC EXCELLENCE, INTERNATIONAL UNDERSTANDING, COMMUNITY AND SERVICE, LEADERSHIP BY EXAMPLE, AND OUTDOOR EDUCATION, THE SCHOOL KNOWS AND NURTURES EVERY CHILD AND ENSURES THAT THEY REACH THEIR POTENTIAL IN A RESPECTFUL ENVIRONMENT. 12 11 75 200 0 0 421909 206759 3908811 4501630 13267 16472 102849 132859 4446836 4857720 0 0 0 0 2468847 2800607 0 0 100376 1673637 1873601 4142484 4674208 304352 183512 8418608 8215107 6149951 5762938 2268657 2452169 X THE SCHOOL IS A UNIQUE INDEPENDENT SCHOOL THAT OFFERS AN EDUCATION BASED ON THE WORLD-RENOWNED PROGRAMS AND THE PHILOSOPHY OF THE INTERNATIONAL BACCALAUREATE ORGANIZATION. THROUGH A STRONG FOUNDATION BUILT ON THE FIVE PILLARS OF ACADEMIC EXCELLENCE, INTERNATIONAL UNDERSTANDING, COMMUNITY AND SERVICE, LEADERSHIP BY EXAMPLE, AND OUTDOOR EDUCATION, THE SCHOOL KNOWS AND NURTURES EVERY CHILD AND ENSURES THAT THEY REACH THEIR POTENTIAL IN A RESPECTFUL ENVIRONMENT. 0 0 4045240 4501630 PRIVATE SCHOOLING PROGRAM DEDICATED TO ACADEMIC EXCELLENCE AND GROWTH OF ITS STUDENTS; APPROXIMATELY 332 STUDENTS SERVED. 4045240 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 75 1 0 0 0 0 0 0 0 0 0 0 X 12 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2084245000 5521 WARM SPRINGS AVE BOISE ID 83716 KURT LIEBICH CHAIR/TRUSTEE 4.00 X 0 0 0 MORTON HARDWICK VICE CHAIR/TRUSTEE 2.00 X 0 0 0 PETER WACHTELL TREASURER/TRUSTEE 2.00 X 0 0 0 MARK LIEBICH SECRETARY/TRUSTEE 2.00 X 0 0 0 BRIAN BAVA TRUSTEE 1.00 X 0 0 0 MICHAEL BERGMANN TRUSTEE 1.00 X 0 0 0 JENNIFER DYE TRUSTEE 1.00 X 0 0 0 MICKEY MYHRE TRUSTEE 1.00 X 0 0 0 WILL NORTHROP TRUSTEE 1.00 X 0 0 0 NICOLE TOELDTE TRUSTEE 1.00 X 0 0 0 JEFF RUSSELL TRUSTEE 1.00 X 0 0 0 BEN SCHWARTZMAN TRUSTEE 1.00 X 0 0 0 ROBERT CARIGNAN HEAD OF SCHOOL 50.00 X 90000 0 8496 90000 0 8496 0 0 0 0 0 206759 3493 206759 TUITION AND FEES 611110 4346932 4346932 STUDENT ACTIVITIES 611110 151498 151498 3200 3200 4501630 16472 16472 168259 35400 132859 132859 4857720 4501630 0 149331 108858 85486 20139 3233 2204951 1908336 231143 65472 285881 247109 30283 8489 200917 173190 21761 5966 14422 14422 89302 89302 45737 45737 176017 163998 12019 79544 63038 12954 3552 24697 24697 32480 32480 237014 206139 24232 6643 236454 203823 25610 7021 93455 93455 FACULTY REMISSION 234398 234398 REPAIRS 183072 183072 STUDENT ACTIVITIES 119127 119127 OUTDOOR ACTIVITIES 103023 103023 204859 203869 990 4674208 4045240 528592 100376 122430 88418 114649 74473 41241 25668 35062 99849 25644 27253 9412427 1665642 7958502 7746785 121080 152661 8418608 8215107 361312 387151 584019 636906 621000 667575 4120000 3933000 360300 18962 103320 119344 6149951 5762938 X 2119985 2424354 148672 27815 2268657 2452169 8418608 8215107 183512 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1368000 1368000 6748728 1043904 5704824 721188 155543 565645 574511 466195 108316 7746785 INTEREST RATE SWAP 119344 119344 X 4893120 35400 35400 4857720 0 4857720 4709608 35400 35400 4674208 0 4674208 PART X, LINE 2: UNCERTAIN TAX POSITIONS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE SCHOOL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2014 OR 2013. THE SCHOOL FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE SCHOOL IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE NETTED AGAINST REVENUES 35,400. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE NETTED AGAINST REVENUES 35,400. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATORY POLICY PUBLISHED IN LOCAL NEWSPAPER. AUCTION 168259 168259 1250 3138 750 30262 168259 168259 1250 3138 750 30262 35400 132859 WACHTELL FAMILY FOUNDATION BOARD MEMBER LAND PURCHASE X 621000 667575 0 1 1 667575 FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD OF TRUSTEES, KURT LIEBICH AND MARK LIEBICH, HAVE A FAMILY RELATIONSHIP. ONE MEMBER OF THE BOARD OF TRUSTEES, PETER WACHTELL, DOES NOT QUALIFY AS INDEPENDENT DUE TO HIS AFFILIATION WITH THE WACHTELL FAMILY FOUNDATION, WHICH HOLDS A LOAN AS REPORTED ON SCHEDULE L. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 IS DISTRIBUTED TO ALL TRUSTEES. THE TRUSTEES REVIEW THE FORM 990 BEFORE FILING AND REPORT ANY ITEMS OF CONCERN. THE BOARD OF TRUSTEES VOTES TO APPROVE THE FILING OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD CHAIR MONITORS THE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IF ANY TRUSTEES BELIEVE A CONFLICT OF INTEREST EXISTS, THEY ARE EXCLUDED FROM COMMENTING AND VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 KEY EMPLOYEE EMPLOYMENT CONTRACTS ARE APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MAINTAINED AT THE ORGANIZATION'S PLACE OF BUSINESS AND MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FROM PRIOR YEAR.